LCFC Annual Report 2022 English

"LCFC is us and we are them. By investing in the LCFC you are creating equity, dismantling disparities, and providing opportunities for folks who have been underrepresented and underinvested in on every level."

ANGELL PEREZ, EXECUTIVE DIRECTOR, COLORADO CIRCLES FOR CHANGE

Dear LCFC Familia,

We are excited to present the 2022 Annual Report for the Latino Community Foundation of Colorado (LCFC). This report highlights our achievements, outlines our strategic directions, and invites you to join us on this remarkable journey.

In 2022, LCFC celebrated its quinceañera, marking a significant milestone. Over the past 15 years, our commitment has been unwavering - investing in communities and families, addressing their unique needs. With $13 million invested and nearly $50 million leveraged, we have witnessed the transformative power of philanthropy and the incredible generosity of Latinos and our allies. Together, we have made a profound impact on thousands of families and hundreds of communities throughout Colorado.

Acknowledging the challenges posed by the COVID-19 pandemic, we rose above them and achieved remarkable success. The passage of HB-1356 established a $35 million fund supporting BIPOC/LGBTQ+ nonprofits. Our ambitious $20 million endowment campaign and the joyous celebration of our 15th anniversary propelled us forward.

LCFC’s Adelante Colorado program invested over $600,000 in 22 organizations. Additionally, our loan fund provided almost $700,000 in capital for vital initiatives, and Ayuda Colorado distributed over $100,000 in grants to assist immigrants and refugees. In the San Luis Valley, our regional work engaged four communities, developing comprehensive economic and wellness plans for future community vitality. We also launched our Story Podcast, sharing inspiring stories that uplifted and connected our community.

Looking to the future, LCFC enters a new era of promise and purpose. Our strategic directions are rooted in the belief that strong leaders, organizations, and empowered communities drive lasting change. We invest in people, nurturing resilient leaders who envision a better future for their communities. Through grants, training, and special projects, we provide vital support to Latino organizations, enabling them to better serve our vibrant community. By offering resources and opportunities, we empower communities to create profound change and expand their horizons of possibility.

We wholeheartedly invite you to join us on this incredible journey. Your continued support fuels our innovation and amplifies our reach. Together, we will transform your investments into powerful opportunities that uplift lives and communities. We are reshaping the Latino story, and we invite you to be an integral part of it.

With Sincere Gratitude, Latino Community Foundation of Colorado Board & Staff

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“Latinos have a tradition of generosity and are ready to be recognized as philanthropists. For Latinos, giving to the Latino Community Foundation of Colorado is a tremendous opportunity for us to help our own community, and create a legacy of giving for future generations.”

- RON MONTOYA, FOUNDING CHAIR, 2007

The Latino Community Foundation of Colorado (LCFC) takes pride in the legacy we have built alongside the community, empowering Latino Coloradans and fostering an environment where culture, families, and businesses have thrived and prospered.

Since 2007, LCFC has invested over $13 million and leveraged almost $50 million in our Colorado Latino communities, as well as other BIPOC and LGBTQ+ communities. We could not do this work without each of you who has supported us over the years. We celebrate the collective impact, leadership, and the stories of transformation from across our state as we move forward into the future doing philanthropy the Latino way!

As part of LCFC’s 15th anniversary celebration, the Philanthropist of the Year Award was announced during a ceremony held at the Denver Art Museum on Thursday, October 13, 2022.

We are delighted to recognize Cecilia Sanchez de Ortiz as the recipient of the 2022 Philanthropist of the Year Award. Throughout her life, Cec has exemplified a strong philanthropic spirit through her charitable actions and active involvement within the Denver community. LCFC recognizes and commends her remarkable contributions.

“I’m quite humbled and so thankful for this prestigious award. My passion for this work stems from a childhood shaped by watching my

mother help Mexican immigrant families integrate and settle into our small, farming community in rural Colorado,” Sanchez de Ortiz said. “What I took away from those experiences was a simple message of courage and belief in working for what’s fair for all.”

In addition, the Latino Community Foundation of Colorado launched the One Community. One Legacy. campaign to establish a $20 million endowment. This campaign aims to sustain investment in Latino communities and nonprofits, with a significant portion already committed, and a focus on three key areas: long term sustainability, ongoing investments into communities and a revolving loan fund for working capital.

“The goal of One Community. One Legacy is to ensure that the work we do today will be supported into perpetuity so we can deliver on our mission for generations to come,” said Carlos Martinez, Chief Executive for the Latino Community Foundation of Colorado. “This is a transformational step in our journey.”

Thank you to everyone who celebrated with us, especially our sponsors, volunteers, staff and speakers who made this event such a success. A special thank you to the Denver Art Museum, the Colorado Health Foundation and Molson Coors for your long-term support and partnership. We appreciate you.

ONE COMMUNITY. ONE LEGACY.

“We need to rethink the investment models that drive systemic change,” Martinez said. “It shouldn’t be about simply offering grants and walking away. Real and meaningful change comes by uplifting, encouraging, and working in partnership with leaders and the organizations on the ground on how to achieve the solutions they know are right for their communities.”

- CARLOS MARTINEZ, CEO & PRESIDENT, LATINO COMMUNITY FOUNDATION OF COLORADO

This campaign will ensure sustained investment in Latino communities and nonprofits. The campaign was publicly announced during LCFC’s 15th anniversary gala, with more than half already committed, including significant contributions of $5 million from the Colorado Health Foundation and $1 million from the Jay and Rose Phillips Family Foundation of Colorado and the Colorado Finance and Housing Authority.

The objective of One Community. One Legacy. is to secure ongoing support for the foundation’s mission for future generations.

• A $10 million unrestricted Legacy Fund to drive community transformational work.

• A $5 million Vision Fund to provide capacity building grants to nonprofits, along with leadership development, training, and coaching.

• A revolving $5 million Loan Fund that offers working capital opportunities to foster wealth building.

Furthermore, the campaign will enable LCFC to engage in philanthropic advocacy and leadership development through coalition work. The foundation aims to build investment alliances with government, charities, and corporate entities. Carlos Martinez emphasized the importance of rethinking investment models for driving systemic change, emphasizing the need for meaningful partnerships that uplift and empower community leaders.

For more information on the One Community. One Legacy. campaign, please visit latinocfc.org/one-community.

The Latino Community Foundation of Colorado has launched an ambitious campaign, One Community. One Legacy., with a goal of raising $20 million to be around for generations.

The campaign will span three years and prioritize three key areas:

REGIONAL INVESTMENTS

Grounded in the belief that cultural transformation starts from within communities, our Regional Community Investments (RCI) initiative embraces the sovereignty and agency of local leaders in shaping pathways to uplift the lives of Latinos. LCFC is making strategic investments in three culturally significant regions: the San Luis Valley, the Central Mountain Region, and Northern Colorado, responding to the expressed needs of the community. By partnering closely with local leaders, we provide culturally sensitive support such as technical assistance, coaching, mentoring, facilitated conversations, timeline implementation, and skills training.

In southern Colorado, LCFC is actively collaborating with four communities across the San Luis Valley, spanning three counties. Through a cultural lens, we are working together to foster locally driven planning processes, develop leadership skills, and raise awareness about systemic inequities within each community. Employing collaborative problem-solving techniques, we aim to envision new opportunities and implement a regional approach that addresses economic, health, educational, and other disparities while honoring the cultural heritage of these communities.

The collaboration has chosen the name Soul Players of the Valley. They started a 16-month project planning period in January 2022, although the collaboration work started back in 2018. They will continue the planning through June of 2023, and look forward to producing a report that will share more about their process and learnings over the past several years. We are confident that this intensive and intentional process of community-led work will be an example for many in the philanthropic sector to learn and grow from.

“The Crisis that we saw exacerbated by Covid was deeply felt by our BIPOC and LGBTQ+ community members. Being able to infuse these dollars directly to those organizations that were doing the credible and powerful connective work is so important and deeply needed.”

STATE SENATOR JULIE GONZALEZ

COMMUNITIES LEAD, COMMUNITIES THRIVE NONPROFIT INFRASTRUCTURE GRANT PROGRAM

LCFC is the proud founder of the Communities Lead, Communities Thrive Coalition (CLCT), launched in 2021 to advocate for resources on behalf of Colorado nonprofits that work in underserved and under-resourced communities of color and rural areas of the state.

During the 2022 legislative session, CLCT championed and secured $35 million of federal ARPA funding to provide infrastructure grants for smaller nonprofits that provide culturally appropriate and relevant services and resources to families and communities who have historically been underrepresented and underfunded and who continue to struggle with pandemic recovery.

Sponsored by Representatives Edie Hooton (D-Boulder) and Leslie Herod (D-Denver) and Senators Julie Gonzales (D-Denver) and Bob Rankin (R-Carbondale), House Bill 1356, known as the Small Community-based Nonprofit Grant Program, ensures that these nonprofits have the funding necessary to continue to survive and adapt at a time when their services are more critical than ever. Nonprofits will be able to use grant funding from this bill to improve their technology infrastructure, develop strategic plans, provide professional development for staff, and build capacity.

This extraordinary accomplishment – achieved on behalf of some of our most vulnerable neighbors – was led by CLCT’s steering committee: The Asian Pacific Development Center, Black Resilience in Colorado (BRIC), The Hispanic Affairs Project (HAP), The Latino Community Foundation of Colorado (LCFC), Out Boulder County, and a statewide coalition of Colorado nonprofits serving Black, Indigenous, Latino, Asian American and Pacific Islander, LGBTQ+, rural, and other underrepresented communities.

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Colorado’s First Nonprofit Infrastructure Grant Program will provide $35 million in support to historically under-resourced and underserved communities with at least 350 nonprofits receiving grants up to $100,000

Adelante Colorado Capacity Building

Launched in 2021, Adelante Colorado is a three-year capacity building program to help Latino nonprofits grow and thrive. The program was created to tackle the inequities found in philanthropy that often prevent Latinoled nonprofits from building proactive, nimble, and strategic organizations that can respond to our community’s growth, diversity, and evolution.

The need for healthy, robust organizations that can help shape a vibrant future for Latino communities across all sectors is paramount. If Colorado is to continue to prosper, so must the Latino community—a community that will make up onethird of the state’s population within 20 to 25 years. Strong Latino nonprofit leadership is integral to empowering our community and contributes to a vision that prepares people to create a better Colorado for everyone.

Over the course of three years, LCFC will invest $2 million in its cohort of 22 Latino-serving nonprofits to help support capacity building, including collaborative meetings and trainings dedicated to leadership and organizational infrastructure development. With Adelante Colorado, LCFC is excited to be able to build on the existing influence and power of communities and invest in the work of individual leaders and nonprofit institutions that lead to improved civic and economic development, as well as community health and wellness.

Ayuda Delivering on the Dream

LCFC’s Ayuda Fund provides direct grant investments to LCFC nonprofit partners statewide. Using an approach rooted in the social justice principles of equity and inclusion, these grant funds nurture, stabilize, and ensure longevity for nonprofit organizations led by and serving Latinos, as well as those advocating for immigrants and refugees.

In partnership with Grantmakers

Concerned with Immigrants and Refugees, and as part of their Delivering on the Dream national grantmaking collaborative, LCFC awarded $195,000 in grants to 19 nonprofit organizations to strengthen immigrant rights and service infrastructure in 2022. These investments provided needed resources to protect and defend the rights of immigrants and refugees across Colorado.

Communities of Color Loan Fund

Launched in 2021, the Colorado Communities of Color (CCC) Loan Fund is a five-year revolving loan fund pilot project created in response to decades of undercapitalization and chronic financial instability for many organizations serving communities of color. Providing a muchneeded boost to grassroots nonprofits, the fund will ensure access to capital for organizations led by, and serving, communities of color.

The CCC Loan Fund provides loans to nonprofits of color in Colorado, ranging in amounts from $10,000 to $250,000 at interest rates between 0% and 2%. This unprecedented access to capital, at low-to-no interest rates, will ensure

that Colorado nonprofits, serving and led by communities of color, can invest in capital projects, infrastructure, internal capacity building, and more. Our vital grassroots organizations will now have the means to build stability and create bold and powerful visions for the future.

In 2022, LCFC distributed $691,600 in loan funds to five BIPOC lead and focused nonprofit organizations. Loan projects include capital expansion, affordable housing, small business development, mental health programming, and capacity-building.

So who and what will we be for? Us, moving beyond the crumbs we are fed, building collective support, a commitment to giving our best, our fuerza, our intentions, our leadership grounded in right relationships connecting rural with urban, cultural courage, transferring knowledge from one generation to the next, a mission to support strangers like familia, helping gente stand in our power, intergenerational visions.

PODER: UNA PALABRA DEL CORAZÓN

A live scribe poem as reflected to Adrian H Molina by the Adelante Cohort

Retreat for Latina Leaders

LCFC believes deeply in supporting the development and sustainability of community leaders, as well as the importance of having a holistic approach to capacity-building. As part of its investment in nonprofit leadership, and recognizing the heightened stress placed on these leaders in the last few years, LCFC began investing in annual wellness and healing retreats for Latina leaders in 2021.

In 2022, eight Latina CEOs attend the five-day retreat held in Ridgeway, CO. In the last two years, leaders from the following organizations have participated: Center for Community Wealth Building, Colorado Organization for Latina Opportunity & Reproductive Rights (COLOR), Connecting Inclusive Responsive Communities Leading Education (CIRCLE), Cultivando, El Comité de Longmont, El Grupo Vida, Girls Inc. of Metro Denver, Hunger Free Colorado, La Cocina, LatinasFirst Foundation, Mi Casa Resource Center, Movimiento Poder, OneMorgan County, Re:Vision, and the Wayfairing Band.

In 2023, LCFC will expand the retreats to support nonprofit leaders of all genders.

“Participating in this retreat reminded me of the importance of friendship and relationship and how that too is a critical part of advocacy and social justice work.”

– DUSTI GURULE

Podcast

Our Story podcast is a platform dedicated to spotlighting and tackling matters of importance to the Latino community in Colorado and beyond. We hold the conviction that genuine, sweeping change can only be realized when the united strength of the Latino community is harnessed and united.

We invite you, along with your friends and family, to join us and listen in. By sharing our narratives, we can together lift up and confront the significant issues facing the Latino community.

Leadership Roundtables

LCFC launched Leadership Roundtables (LRTs) in 2020 to support EDs during a time of unprecedented challenge at the start of the COVID-19 pandemic. Since then, LRTs have been an essential element of LCFC’s Connecting Communities initiatives, serving as a critical touchpoint for leaders to share resources, expand connections, gain support, and build a trusted community of peers across Colorado.

In 2022, LRTs were held monthly on topics that included COVID impacts and resources, building organizational support systems, and reimaging the workplace through a strategic HR lens. We had 217 attendees and a cumulative 2,604 impact hours over the year. LRTs expand and strengthen the Latino nonprofit ecosystem by creating a trusted, intentional space for leaders to discuss critical issues important to their organizations and communities.

LCFC 2022 GRANTEES

Adelante Colorado

Adelante Community Development

Advocates Against Domestic Assault

Center for Community Wealth Building

Centro de la Familia

Colectiva Creando Cambios en Colorado

Colorado Circles for Change

Colorado Organization for Latina

Opportunity and Reproductive Rights

Colorado Statewide Parent Coalition

Cultivando

D3 Arts

Denver Alliance for Street Health Response

El Comite de Longmont

INSPIRE

Integrated Community Justice and Heritage Academy

Latin American Educational Foundation

Latina Safehouse Initiative

Latino Cultural Arts Center

Movimiento Poder

Museo de las Americas

Pueblo Hispanic Education Foundation

Voces Unidas de las Montañas

Colorado Communites of Color Loan Fund

Adelante Community Development

Another Life Foundation

Colorado Circles for Change

The Fax Denver

The Word: A Storytelling Sanctuary

Ayuda Fund

African Chamber of Commerce Colorado

Alianza of Northern Colorado

Casa de Paz

Child and Migrant Services, Inc.

Convivir Colorado

El Comite de Longmont

Fuerza Latina

Hispanic Affairs Project

Hispanic Women’s Farming Proyecto

Homies Unidos Denver

Immigrant Legal Center of Boulder County

INSPIRE

Integrated Community Interfaith Solidarity and Accompaniment

Coalition of Northern Colorado

Mongolian School of Colorado

Muslim Youth for Positive Impact

Rocky Mountain Welcome Center

San Luis Valley Immigrant Resource Center

Voces Unidas de las Montañas

Other

Conejos County Clean Water Inc.

Girls Incorporated of Metro Denvera

LCFC Grantmaking Fund

Latinas LEAD Fund

*NOTE: CIFC 2022-2023 GRANTEES WILL BE LISTED IN 2023 ANNUAL REPORT

DIANA ALDAPA

Director of Administration

EZZIE BALTIERRA-CHAVEZ Executive Assistant

ANDREA GIRON MATHERN

Vice President of Community Development

RACHEL GRIEGO

Senior Vice President, Community Innovation and Strategic Partnerships

CARLOS MARTINEZ President & CEO

PRISCILLA MONTOYA

Vice President of Development & Communications

KOURTNEY RIMBERT Director of Finance & Human Resources

LETICIA SALINAS Program Director

KAITLYN THROGMORTON Program Coordinator

SONYA ULIBARRI Chief Impact Officer

BOARD

ELAINE TORRES Chair

THOMAS BRYAN Treasurer

MIDY APONTE Secretary

ELSA HOLGUIN

ERIC ISHIWATA, PHD GUILLERMO LAMBARRI

DEBORA ORTEGA, PHD

SUSANA SALAMUN

GLORIA SCHOCH

YESENIA SILVA-ESTRADA

HOLLIE VELASQUEZ

HORVATH

ANDRES CASAS Investment Committee

DALIA DORTA DE GONZALEZ

Adelante Colorado

NITA GONZALES

Adelante Colorado

LETTERSHOP Marketing

JOHANNA LEYBA Evaluation Team

JENNIFER LOPEZ Communities of Color Loan Fund

MODKAF Public Relations

ALEJANDRO MONAREZ Communities of Color Loan Fund

BRAYAN MONTEZ Marketing/Design

CEC ORTIZ Regional Investments & Adelante Colorado

MONICA ROWERS Adelante Colorado

KIM SANCHEZ Evaluation Team

EMMA SCHWARZ Finance & Communities of Color Loan Fund

ADVISORS

LADAWN SULLIVAN Communities of Color Loan Fund

GAYLE WARNER Evaluation Team

GARLAND YATES Community Democracy & Adelante Colorado

LISTS INCLUDE STAFF, BOARD, AND ADVISORS FROM JANUARY 1-DECEMBER 31, 2022

FUNDERS & DONORS

$500k+ State of Colorado, Department of Local Affairs

The Colorado Health Foundation

$50K-$499K

Caring for Colorado Foundation

Caring for Denver Foundation

Colorado Housing and Finance Authority (CHFA)

Grantmakers Concerned with Immigrants and Refugees MolsonCoors

$20k-$49,999

Alpine Bank

Coca Cola Company

Rusty & Jean Gonzales

Irene Ibarra & Armando Quiroz

Jay & Rose Phillips Family Foundation of Colorado

Annette Quintana & Len Silverman

The Margulf Foundation

W.K. Kellogg Foundation

$5K-$19,999

AT&T Colorado

Bamboo Fund

Brett Family Foundation

CBRE

Denver Art Museum

JP Morgan

L. P. Brown Foundation

Salazar Family Foundation

The Bright Mountain Foundation

Truce Media

University of Colorado

Hollie Velasquez Horvath

Xcel Energy

$1-$4,999

AARP Colorado

Ellen Alires-Trujillo & Lorenzo Trujillo

American Red Cross, Mile High Chapter

Flora & Phillip Archuleta

Maribelia Avalos

Patricia Baca

Allison Bell

Big Brothers Big Sisters

Colorado

Raul Borrastero

Susan Brand

Thomas Bryan

Brenda Burgos

Michael Bustos

Mario M. Carrera

Lori Casillas

Jorge Castaneda

CBS Television Stations

Maribel Cifuentes

Francis Coleman

City of Denver Office of Immigrant & Refugee Affairs

Colorado Department of Human Services

Colorado Gives Foundationn

Conectoras de Montbello

Sandy Lee Cook

Ara Cruz

Susan B. Damour

Vicki Dansky

Denver Office on Aging

Judi Diaz Bonacquisti

Ruth Dickson

Eileen Doherty

Donnell-Kay Foundation

Energy Outreach Colorado

Mariana Enriquez

Dr. Janina E. Fariñas

Britta Fisher

Lucinda Garcia Flores

Focus Points Family Resource Center

Anna Jo Garcia Haynes

Garfield County Sheriff’s Office

Perla Gheiler

Girls on the Run of the Rockies

Denise Gomez

Dora Gonzales

Nita Gonzales

Rachel Griego

Monica Gutierrez

Anne Harrington

Michael Henzel

Maricruz Herrera

Andrea Herrera Moreno

Ann Lederer & Robert Hickler

History Colorado

Elsa Holguín

Yessica Holguín

Immigrant Legal Center of Boulder County

INSPIRE

ISAAC of Northern Colorado

Eric Ishiwata

Susan Jenson Jones Lang LaSalle America Inc.

Juntos2College

Guillermo Lambarri

Amy Latham

Latino Cultural Arts Center

Johanna M. Leyba Gurule

Littleton Immigrant Resources Center

LIVE Consulting/Iconic IT

Janet Lopez

LS Gallegos & Associates Inc.

Carlos Martinez & Phillip Danielson

James Martinez

Karen McNeil-Miller

Mexican Cultural Center

Andrea Miller

Anita Miller & Steven Stutzman

Montbello Organizing Committee

Claudia Moran Pichardo

Sylvan Morley

Movimiento Poder

Mujeres de Colores

Crystal Murillo

NAMI Colorado

Neocompromo

Joshua Nicholas

OneMorgan County

Angeles Ortega

Debora Ortega

Elsie Oswald

Robert Palaich

Theresa Peña

Philanthropy Colorado

Pinnacol Assurance

Antoinette Pino

Project Moxie

Pueblo Hispanic Education Foundation

Jesse Ramirez

Resource Capital Funds Foundation

Fernando Rocha

Trinidad Rodriguez

Rose Community Foundation

Susana Salamun

Alex Sanchez

Cecilia Sanchez de Ortiz

Saunders Construction Inc.

Gloria Schoch

Emma Schwarz

Karen Sherman Perez & Ricardo Perez

Yesenia Silva Estrada

Danielle Silverston

SJ Ward Landscapes

Denise Suarez

Jean Sun Woo

Tony Tapia

The Benevity Community Impact Fund

Heather Thorwald

Luis A. Toro

Elaine Torres & Philip Workman

UnidosUS

Voqal

Steve Ward

Irene Wessell

Dara Zack

COMMUNITY PARTNERS

In-Kind Partners

Denver Art Museum

Denver Center for Performing Arts

ForSci Associates

History Colorado

NeocomPromo

Salazar Family Foundation

Communities Lead, Communities Thrive Coalition

Steering Committee

The Asian Pacific Development Center

Black Resilience in Colorado (BRIC)

The Hispanic Affairs Project (HAP)

Out Boulder County

Communities Lead, Communities Thrive

Coalition Members

Adelante Community Developnent

Advocates Against Domestic Violence

African Chamber of Commerce

Alianza NORCO

Asian Chamber of Commerce

Casa de Paz

Center on Colfax

Cal Wood

Centro Humanitario

Cesar Chavez Coalition

Colorado Asian Culture & Educational Network

Colorado Changemakers Collective

Colorado Circles for Change

Colorado Immigrant Rights Coalition

Colorado Jobs with Justice

Colorado Latino Leadership, Advocacy & Research Organization (CLARO)

Colorado Statewide Parent Coalition

Compañeros: Four Corners Immigrant Resource Center

Conectoras de Montbello

Cultivando

Downtown Aurora Visual Arts

El Centro AMISTAD

El Comite de Longmont

El Grupo Vida

Focus Points Family Resource Center

Fortaleza Familiar

Grupo Esperanza

Immigrant Legal Center of Boulder County

Inside Out Youth

INSPIRE

Integrated Communities

Justice and Heritage Academy

L’Ancla

La Cocina

Latina Safehouse

Latinas First Foundation

Latino Chamber of Commerce

Latino Cultural Arts Center

Latino Leadership Institute

Mi Casa Resource Center

Movimiento Poder

Museo de las Americas

Muslim Youth for Postive Impact

NEWSED Community Development Corporation

One Colorado

One Morgan County

Partnership for Community Action

Philanthropiece Foundation

Pueblo Hispanic Education Foundation

Resilient Futures, Inc.

Rocky Mountain Immigrant Advocacy Network (RMAIN)

Rocky Mountain Welcome Center

San Luis Valley Immigrant Resource Center

Servicios de la Raza

Small Town Project

Spring Institute

The African American Chamber of Commerce

Voces Unidas de las Montañas

Vuela for Health

Worklife Partnership